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With interest rates rising again and cost pressures continuing to bite, both households and businesses are feeling the squeeze. The Australian Banking Association (ABA) is urging anyone under financial pressure to contact their bank sooner rather than later.
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The 2026-27 Federal Budget introduced a range of measures aimed at boosting business investment, productivity and economic resilience.
From July 1, 2026, Australian employers will need to pay Superannuation Guarantee (SG) contributions at the same time as wages or salary.
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has urged the federal government to use the 2026–27 Budget to deliver practical, targeted measures to reduce costs, restore confidence and remove barriersholding back small and family businesses across Australia.
Australia’s 2.66 million small businesses are set to benefit from extended mental health and financial support, alongside stronger action on late payments from large companies.
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Australian small businesses are under increasing pressure as tax debt continues to drive a surge in calls to financial helplines. | | | |
From 1 July, employers will need to pay super each time they pay wages – not once a quarter.
Small business confidence remains high, even as many owners adopt a more measured approach to growth.
If starting a business is one of your goals for this year, the steps you take at the outset can make a meaningful difference to your long-term success.
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